• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Classification Specialist
  • Course subject Financial Management
  • Areas of interest Finance
  • Academic career PGRD
  • Course convener
    • Ding Ding
    • Dr Stephen Sault
  • Mode of delivery In Person
  • Offered in First Semester 2015
    Second Semester 2015
    See Future Offerings

This unit is designed to further students’ understanding of futures and options contracts and their use in managing risk. It builds upon material covered in FINM1001/FINM7006 (Foundations of Finance) and STAT7055 (Financial Statistics). FINM7041 provides an overview of options, futures, forwards and swaps on a range of underlying assets/commodities including stocks, interest rates, foreign exchange as well as more exotic instruments. The models used for pricing these instruments will be examined as well as techniques used for risk management.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

On satisfying the requirements for this course, students will have the knowledge and skills to:

  • Explain in detail how options, futures, forwards, and swaps can be used on a range of underlying assets/commodities;
  • Understand and be able to demonstrate the appropriate use of option trading strategies;
  • Demonstrate how we use derivatives for a range of assets/commodities including stocks, interest rates, foreign exchange as well as exotic instruments and weather and electricity derivatives;
  • Explain in detail and be able to demonstrate various models to price forward, futures, swap and option contracts; and,
  • Use these pricing models for risk management.

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

  • In-Tutorial Quizzes - 15%
  • Assignment - 25%
  • Final Examination - 60%

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Workload

10 hrs per week

Requisite and Incompatibility

To enrol in this course you must have completed STAT7055, FINM7006 and BUSN7008.You are not able to enrol in this course if you have completed FINM2002.

Assumed Knowledge

Introductory courses in both Accounting and Finance

Specialisations

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
3
Unit value:
6 units

If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2015 $3414
International fee paying students
Year Fee
2015 $4350
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
2460 16 Feb 2015 06 Mar 2015 31 Mar 2015 29 May 2015 In Person N/A

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
1683 20 Jul 2015 07 Aug 2015 31 Aug 2015 30 Oct 2015 In Person N/A

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